NOT LISTED FOR SALE

7930 Lotus Ave Burbank, IL 60459

Estimated Value: $285,000 - $301,000

2 Beds
1 Bath
1,205 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 20, 2014

Last sale price $132,000 $110 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,939/month

52 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Wet Bar
  • First Floor Utility Room
  • Attached Garage
  • Breakfast Bar

About This Home

As of August 2014

Cozy & charming ranch with 2 big bedrooms & eat-in kitchen offers extra large attached garage, connected by breezeway to a big family room addition & the main house. Large lot offers fenced backyard with patio space & vegetable garden. Addition is currently used as a family room with a wetbar, but can be converted into a master suite! See this solid starter home on a quiet street close to schools & shopping.

Last Agent to Sell the Property

Dina Martinez

Real People Realty License #475133248 Listed on: 05/03/2014

Real People Realty

Last Buyer's Agent

Daniel Hudson

Berkshire Hathaway HomeServices KoenigRubloff

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,461

Year Built

  • 1955

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • First Floor Utility Room
  • Crawl Space
  • Breakfast Bar

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,461

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Interior Property Features: Bar-Wet
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X11, On Level: Main Level, Flooring: Carpet
  • Attic: Unfinished
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-1st Floor
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Utility Room-1st Floor, Dimensions: 12X8, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1205
  • Family Room: Dimensions: 24X18, On Level: Main Level, Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)
  • Acreage: 0.2382

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 220
  • Elementary School: LUTHER BURBANK ELEMENTARY SCHOOL
  • Middle School: LIBERTY JUNIOR HIGH SCHOOL
  • High School: REAVIS HIGH SCHOOL
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 78 X 152
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19331160210000

Tax Info

  • Taxes: 1178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2014
Closed on
Jul 15, 2014
Sold by
Standard Bank & Trust Company
Bought by
Ruiz Jonathan
Seller's Agent
Dina Martinez
Real People Realty
Buyer's Agent
Daniel Hudson
Berkshire Hathaway HomeServices KoenigRubloff
List Price
$150,000
Sold Price
$132,000
Premium/Discount to List
-$18,000
-12%
Current Estimated Value
$295,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,244
Avg. Annual Appreciation
7.47%
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Jul 8, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Standard Bank & Trust Co and Trust #18356

Purchase Details

Closed on
Nov 19, 2003
Sold by
Harkink Leona
Bought by
Chicago Title Land Trust Co and Trust #227

Purchase Details

Closed on
Oct 22, 2003
Sold by
Chicago Title Land Trust Co
Bought by
Harkink Leona H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruiz Jonathan $132,000 None Available
Standard Bank & Trust Co $168,000 Pntn
Chicago Title Land Trust Co -- --
Harkink Leona H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Jonathan $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $132,000 -5.7% $110 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
06/11/2014 06/11/14 Price Changed $140,000 -6.7% $116 / Sq Ft
05/03/2014 05/03/14 For Sale $150,000 -- $124 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,461 $16,996 $8,496 $8,500
2023 -- $18,355 $9,855 $8,500
2022 $0 $16,892 $8,559 $8,333
2021 $4,182 $16,890 $8,558 $8,332
2020 $4,182 $16,890 $8,558 $8,332
2019 $0 $15,800 $7,780 $8,020
2018 $0 $15,800 $7,780 $8,020
2017 $4,182 $15,800 $7,780 $8,020
2016 $4,037 $13,956 $6,483 $7,473
2015 $0 $13,956 $6,483 $7,473
2014 $4,592 $13,956 $6,483 $7,473
2013 $1,292 $16,262 $6,483 $9,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08604047

Midwest Real Estate Data (MRED)

APN: 19-33-116-021-0000